Below is the technical chart of Hindustan Copper Ltd. (HINDCOPPER), listed on Indian stock exchange, using Ichimoku Kinko Hyo indicator.








Yesterday, the share of Hindustan Copper Ltd., closed above kumo; so is the chikou span (CS) line. So, the chart shows bullish breakout. One can buy this stock with a stop loss of 210 for a target of 279. It's resistance area is from 279-360. So, if the stock coming down from these levels, just book your profits and sit on cash.

Hindustan Copper Ltd. Technical chart | 05-Jan-2012
Rate this post